MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038
FNGZ
FNGZ was delisted on the 16th of December, 2021.
2 hedge funds and large institutions have $221K invested in MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 0 reducing their positions, and 1 closing their positions.
100% more funds holding
Funds holding: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
18% less capital invested
Capital invested by funds: $271K → $221K (-$50K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$244K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$271K |
FNGZ Hedge Fund Activity: Q1 2019 in Review
2 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 (FNGZ) for Q1 2019, worth a combined $221K — down 18% from $271K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FNGZ positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $244K. The largest seller was Bank of Montreal, exiting entirely with an estimated $271K sold.
- 2 institutional investors held MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 (FNGZ) as of Q1 2019, up from 1 in Q4 2018.
- Funds reported $221K of MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 stock for Q1 2019, down 18% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 positions in Q1 2019 and 1 closed out, a net change of +1 holder.
- The largest MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 buyer in Q1 2019 was Virtu Financial, an estimated $244K added.
- The largest MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 seller in Q1 2019 was Bank of Montreal, an estimated $271K sold.
Based on aggregated 13F filings for Q1 2019.